TotalEnergies has signed a long-term agreement to purchase 2 million metric tons per annum (Mtpa) of LNG from the proposed Ksi Lisims LNG project in British Columbia, Canada. The 20-year Sales and Purchase Agreement (SPA) is subject to a final investment decision on the project.
In addition to the offtake agreement, TotalEnergies has acquired a 5% equity stake in Western LNG, the project developer, and future operator of the facility. The deal includes an option for TotalEnergies to expand its interest in Western LNG and/or take a direct ownership stake in the liquefaction plant—potentially up to 10%—once the project reaches a final investment decision.
Ksi Lisims LNG is a proposed 12 Mtpa liquefaction facility on the Pacific coast of Canada, offering direct access to key Asian LNG markets. The facility will be fully powered by hydroelectricity, positioning it as one of the lowest-emission LNG projects globally.
“This purchase of LNG from the future Ksi Lisims LNG plant will allow us to diversify our LNG portfolio in North America and benefit from competitive LNG supply in Western Canada to better serve our Asian customers, with whom we are developing a significant portfolio of long-term supply contracts,” said Stéphane Michel, president of gas, renewables and power at TotalEnergies.
“As part of our integrated strategy, we are also pleased to partner with Western LNG to support the development of this very low CO₂ emission liquefaction plant project.”
TotalEnergies continues to expand its global LNG footprint through equity investments, long-term supply agreements, and integration with downstream markets. The addition of Ksi Lisims strengthens its position in the Pacific Basin and complements its existing North American LNG supply sources.
The Ksi Lisims LNG project is being advanced by a consortium that includes the Nisga’a Nation, Western LNG, and Rockies LNG. The project aims to reach a final investment decision in the near term, with first LNG deliveries targeted later this decade.
